Hong Kong Stock Movement | SINO-OCEAN GP (03377) Rises Over 5% on Strategic Partnership with American Standard and H1 Turnaround to 10.202 Billion Yuan Profit

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昨天

SINO-OCEAN GP (03377) surged over 5%, rising 6.35% to HK$0.134 with a trading value of HK$18.3361 million as of press time.

On the news front, American Standard recently entered into a strategic partnership with SINO-OCEAN GP. By integrating American Standard's green intelligent bathroom products with SINO-OCEAN GP's advantageous resources in residential development and community operations, both parties will drive comprehensive green upgrades across nationwide projects, creating safe, healthy, comfortable, and smart ideal living environments for Chinese families while establishing new benchmarks for green development in the industry.

Additionally, according to SINO-OCEAN GP's interim results for 2025, the company recorded revenue of RMB 6.203 billion in the first half, representing a 53% year-on-year decline. However, the company achieved a turnaround to profitability with attributable profit of RMB 10.202 billion, compared to a loss in the same period last year. Basic earnings per share stood at 1.171 yuan.

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